The Division of Financial Services for the State of Colorado has approved an application by Sooper Credit Union to add Jefferson County, Colo., to its field of membership (FOM).
Sooper CU, a $305-million institution based in Arvada, Colo., currently has an FOM that includes both select employee group (SEG)-based and community-based members. This includes community charters in the cities of Grand Junction, Denver, and Arvada and SEGs such as King Soopers and City Market employees. Both King Soopers and City Market are local supermarket chains.
Sooper CU also has more than 400 other SEGs.
Separately, Sooper is acquiring a new core system through CU Prodigy, adding Interactive Teller Machines into their branching formula, and expanding into other areas of new technology.
"It's an exciting time for Sooper as we build new branches, expand our field of membership and bring on new technologies to serve our members well into the future," said Sooper CU President and CEO, Dan Kester. "With our new prototype branches in Arvada and Lakewood, we are well positioned to serve Jefferson County in those areas."
Kester also noted that the credit union owns property in west Arvada which is still a potential location for growth.
"We are transforming to serve the member of the future," Kester added. "We have a personal investment in our communities, members and employees."